DEFINITIONS

Service Producer Price Index (SPPI) of activities expresses the development in the prices of services sold by Estonian service suppliers to legal entities.

METHODOLOGY

Since 2006 Statistics Estonia updates the weights system of the service producer price index of  activities  and base prices for calculation every year. In the current year (t)  the base prices for the calculation of the index were the prices of the last year (t-1) December. The weights system corresponds to the service sales revenue of  enterprises in the year  t-2.

The service  producer price index of activities is published quarterly. The annual index has been calculated as the average of  four  quarters. 

Service producer price index of activities is published quarterly 45 days after the end of reference quarter.

CLASSIFICATIONS

Estonian Classification of Economic Activities  (EMTAK 2008) based on NACE, Rev.2

OTHER INFORMATION

Example of the service  producer price index of  information technology activities is valid for the indexs published on the base period (here: 2018=100).

 

We want to know, how much the service  producer price index of publishing activities has changed in 1st quarter of  2020 compared with 1st quarter of  2019.

 

Service  producer price index of publishing activities (2018=100)

 

 

TOTAL

2019

1st quarter

104.74

2020

1st quarter

103.48

 

We find from the table

 

     1st quarter  2019   -  104.74 

     1st quarter  2019   - 103.48

 

104.74 : 103.48 =  0.988   times or

(104.74 : 103.48) x 100 - 100 =  -1.2%

CONTACT PERSON

Sirje Asi

Economic and Environmental Statistics Department

Tel +372 625 8462

sirje.asi@stat.ee

 

Updated: 15.05.2020